repayment amount. The Approximate Monthly Repayment figure for Standard Chartered's Personal Loan is indicative and is not meant to be final or binding on the Bank. The Bank reserves the right to determine the final interest rate in accordance with applicable laws and amount that can be borrowed...
Our research results show that individual farmers in Ghana are less likely to be successful in obtaining credit than cooperative farmers, because they are perceived to be riskier borrowers. In addition, results show that the willingness of lending institutions to provide loans is higher for those ...
Credit Risk and Profitability of Selected Banks in Ghana This study attempts to reveal the relationship between credit risk and profitability of some selected banks in Ghana. A panel data from six selected commercial banks covering the five-year period (2005-2009) was analyzed within the fixed.....
ACCRA, March 15 (Xinhua) -- Ghana secured here on Thursday an African Development Fund (ADF) loan of 27 million Units of Aid (UA-Currency of the African Development Bank) equivalent to 39.01 million U.S. dollars to support its flagship agriculture development policy. An agreement to that ef...
Any loan made in a way contrary to the legal framework of the jurisdiction in which it is made. In general, an unlawful loan refers to a loan with an interest rate that is too high or with insufficient disclosure by one of the parties. See also: Truth in Lending Act. ...
Looking for a quick loan in Ghana? Look no further than MTN QwikLoan. With this fast and convenient lending service, you can get up to GHS 1000 in under 1 minute using your MTN Mobile Money platform. No collateral or lengthy approval processes required. Simply dial *170# on your MTN han...
That same year, Ghana defaulted on its debt repayments and the government is still in lengthy negotiations with international lenders to try and restructure the loans. FromBBC He said he applied for a low-interest federal disaster loan with the Small Business Administration, but there was no fol...
Further, an average interest rate of 40 percent per annum was charged on loans, with mean loan duration of 6 months. The regression's result demonstrated that the determinants of the group member's loan repayment included the group member's age, household size, house income, and educational ...
The story has mot been any different in Ghana. Currently, there are hundreds of small and large companies giving out loans here and there. However, most of these loan companies which give out loans through online systems often give amounts from GHS 1,000 and below. ...
The United Bank for Africa Plc is undoubtedly one of Africa’s largest and oldest financial institutions. Ithas branches operatingin more than 19 African countries including Nigeria, Chad, Cote D’Ivoire, Ghana, Liberia, Senegal, Uganda, Burkina Faso, Congo, Guinea, Conakry, Kenya, Mali, Sierra...